Stifel Nicolaus analyst Bill Papanastasiou maintained a Buy rating on TeraWulf Inc (WULF – Research Report) today and set a price target of $3.00. The company’s shares closed yesterday at $1.01.
According to TipRanks, Papanastasiou is a 2-star analyst with an average return of -1.6% and a 50.00% success rate. Papanastasiou covers the Technology sector, focusing on stocks such as TeraWulf Inc, Bitfarms, and HIVE Blockchain Technologies.
TeraWulf Inc has an analyst consensus of Strong Buy, with a price target consensus of $3.45, a 241.58% upside from current levels. In a report released today, Compass Point also maintained a Buy rating on the stock with a $3.00 price target.
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The company has a one-year high of $4.04 and a one-year low of $0.54. Currently, TeraWulf Inc has an average volume of 6.38M.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WULF in relation to earlier this year.
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TeraWulf Inc (WULF) Company Description:
IKONICS Corp. engages in the development, manufacture, and trade of photochemical imaging products. It operates through the following business segments: Domestic, Export, IKONICS Imaging, Digital Texturing and Advanced Material Solutions. The Domestic segment supplies screen printing film, emulsions, and inkjet receptive film to distributors in the United States and Canada. The Export segment markets and trades emulsions and coated film. The IKONICS Imaging segment develops and sells photo resistant film, art supplies, glass, metal medium, and abrasive etching equipment. The DTX segment includes patented inkjet technology used for mold texturing and prototyping. The AMS segment supplies sound deadening technology to the aerospace industry. The company was founded in 1952 and is headquartered in Duluth, MN.
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